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FCA and PRA consult on FSCS costs

The Financial Conduct Authority and Prudential Regulation Authority have launched a consultation on the management expenses levy limit for the Financial Services Compensation Scheme (FSCS).

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Complex claims push up FSCS budget by 5%

The Financial Services Compensation Scheme has increased its running costs budget forecast for 2022/23 to £95.5m.

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Clients urged to claim against their SIPP adviser

The Financial Services Compensation Scheme has told clients of failed SIPP provider Forthplus Pensions to bring claims against their financial advisers.

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FSCS declares SIPP-linked firm in default as claims mount

The Financial Services Compensation Scheme has declared a Nottingham-based wealth manager in default amid a flood of claims, many relating to SIPPs transfers.

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